Afternoon Brief: This Private Equity Company Is Quietly Becoming a Pacific Northwest Wine Powerhouse
Who is this new Seattle-based competitor scooping up winery after winery? And given the current climate of panic in the industry on the whole, whats driving them and whats the endgame?
Afternoon Brief: Wine Industry Network Recognizes 5 Companies with 2024 WINnovation Awards
The winners of Wine Industry Networks 12th annual WINnovation Awards for excellence in wine industry innovation are...
Afternoon Brief, November 16th
The Duckhorn Portfolio Announces an Agreement to Acquire Sonoma-Cutrer Vineyards: The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash...